Cloud Migration Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Cloud Migration Market covers analysis by Service (PaaS, IaaS, SaaS); Application (Project Management, Compliance and Security Management, Infrastructure Management); End-User (BFSI, Retail, Healthcare, IT and Telecom, Manufacturing, Government, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00004825
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The 21st century has witnessed an explosion of data post the boom of internet and dot com revolution. Large businesses depend on computers to store and process vital consumer data. The physical storage drives available in the market have proven to be insufficient for storing large data for companies. A new cloud-based model for data storage that provides abundant space and higher level of security has emerged in the last few years. The cloud storage is less expensive and it reduces the burden of any organization by allowing them to focus on their core operations. Many small and large enterprises have been migrating data, applications, and different business elements to the cloud computing environment from the existing traditional computing environments.

MARKET DYNAMICS

Advantages such as faster and easier deployment along with scalability flexibility, and the rising demand from businesses to lower capital and operational expenditures are anticipated to boost the cloud migration market globally. Concerns around the compatibility of various enterprise applications in the cloud are one of the major restraining factors in the cloud migration market. Growing market attractiveness in emerging industry verticals especially healthcare is anticipated to further provide good opportunities to the players operating in the cloud migration market.

MARKET SCOPE

The "Global Cloud Migration Market Analysis to 2028" is a specialized and in-depth study of technology, media, and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Cloud migration market with detailed market segmentation by service, application, end-user, and geography. The global cloud migration market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud migration market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global cloud migration market is segmented on the basis of service, application, and end-user. On the basis of service, the cloud migration market is segmented into Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS). The cloud migration market on the basis of the application is classified into project management, compliance and security management, and infrastructure management. Based on end-user, the cloud migration market is segmented into BFSI, retail, healthcare, IT and Telecom, manufacturing, government, and others.
 
REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cloud migration market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud migration market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the cloud migration market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cloud migration market in these regions.
World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cloud migration market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud migration market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the cloud migration market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cloud migration market in these regions.MARKET PLAYERS

The reports cover key developments in the cloud migration market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from cloud migration market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud migration in the global market. Below mentioned is the list of few companies engaged in the cloud migration market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud migration market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

  •  Accenture PLC
  •  Amazon Web Services Inc.
  •  Cisco Systems Inc.
  •  Cognizant Technology Solutions Corporation
  •  DXC Technology
  •  Google Inc.
  •  IBM Corporation
  •  Microsoft Corporation
  •  Rackspace US, INC.
  •  SAS Institute Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Cloud Migration Market - By Service
1.3.2Cloud Migration Market - By Application
1.3.3Cloud Migration Market - By End-User
1.3.4Cloud Migration Market - By Region
1.3.4.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.CLOUD MIGRATION MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS

5.CLOUD MIGRATION MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6.CLOUD MIGRATION MARKET - GLOBAL MARKET ANALYSIS
6.1.CLOUD MIGRATION - GLOBAL MARKET OVERVIEW
6.2.CLOUD MIGRATION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.CLOUD MIGRATION MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
7.1.OVERVIEW
7.2.SERVICE MARKET FORECASTS AND ANALYSIS
7.3.PAAS
7.3.1.Overview
7.3.2.PaaS Market Forecast and Analysis
7.4.IAAS
7.4.1.Overview
7.4.2.IaaS Market Forecast and Analysis
7.5.SAAS
7.5.1.Overview
7.5.2.SaaS Market Forecast and Analysis
8.CLOUD MIGRATION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PROJECT MANAGEMENT
8.3.1.Overview
8.3.2.Project Management Market Forecast and Analysis
8.4.COMPLIANCE AND SECURITY MANAGEMENT
8.4.1.Overview
8.4.2.Compliance and Security Management Market Forecast and Analysis
8.5.INFRASTRUCTURE MANAGEMENT
8.5.1.Overview
8.5.2.Infrastructure Management Market Forecast and Analysis
9.CLOUD MIGRATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1.OVERVIEW
9.2.END-USER MARKET FORECASTS AND ANALYSIS
9.3.BFSI
9.3.1.Overview
9.3.2.BFSI Market Forecast and Analysis
9.4.RETAIL
9.4.1.Overview
9.4.2.Retail Market Forecast and Analysis
9.5.HEALTHCARE
9.5.1.Overview
9.5.2.Healthcare Market Forecast and Analysis
9.6.IT AND TELECOM
9.6.1.Overview
9.6.2.IT and Telecom Market Forecast and Analysis
9.7.MANUFACTURING
9.7.1.Overview
9.7.2.Manufacturing Market Forecast and Analysis
9.8.GOVERNMENT
9.8.1.Overview
9.8.2.Government Market Forecast and Analysis
9.9.OTHERS
9.9.1.Overview
9.9.2.Others Market Forecast and Analysis

10.CLOUD MIGRATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Cloud Migration Market Overview
10.1.2North America Cloud Migration Market Forecasts and Analysis
10.1.3North America Cloud Migration Market Forecasts and Analysis - By Service
10.1.4North America Cloud Migration Market Forecasts and Analysis - By Application
10.1.5North America Cloud Migration Market Forecasts and Analysis - By End-User
10.1.6North America Cloud Migration Market Forecasts and Analysis - By Countries
10.1.6.1United States Cloud Migration Market
10.1.6.1.1United States Cloud Migration Market by Service
10.1.6.1.2United States Cloud Migration Market by Application
10.1.6.1.3United States Cloud Migration Market by End-User
10.1.6.2Canada Cloud Migration Market
10.1.6.2.1Canada Cloud Migration Market by Service
10.1.6.2.2Canada Cloud Migration Market by Application
10.1.6.2.3Canada Cloud Migration Market by End-User
10.1.6.3Mexico Cloud Migration Market
10.1.6.3.1Mexico Cloud Migration Market by Service
10.1.6.3.2Mexico Cloud Migration Market by Application
10.1.6.3.3Mexico Cloud Migration Market by End-User
10.2.EUROPE
10.2.1Europe Cloud Migration Market Overview
10.2.2Europe Cloud Migration Market Forecasts and Analysis
10.2.3Europe Cloud Migration Market Forecasts and Analysis - By Service
10.2.4Europe Cloud Migration Market Forecasts and Analysis - By Application
10.2.5Europe Cloud Migration Market Forecasts and Analysis - By End-User
10.2.6Europe Cloud Migration Market Forecasts and Analysis - By Countries
10.2.6.1Germany Cloud Migration Market
10.2.6.1.1Germany Cloud Migration Market by Service
10.2.6.1.2Germany Cloud Migration Market by Application
10.2.6.1.3Germany Cloud Migration Market by End-User
10.2.6.2France Cloud Migration Market
10.2.6.2.1France Cloud Migration Market by Service
10.2.6.2.2France Cloud Migration Market by Application
10.2.6.2.3France Cloud Migration Market by End-User
10.2.6.3Italy Cloud Migration Market
10.2.6.3.1Italy Cloud Migration Market by Service
10.2.6.3.2Italy Cloud Migration Market by Application
10.2.6.3.3Italy Cloud Migration Market by End-User
10.2.6.4United Kingdom Cloud Migration Market
10.2.6.4.1United Kingdom Cloud Migration Market by Service
10.2.6.4.2United Kingdom Cloud Migration Market by Application
10.2.6.4.3United Kingdom Cloud Migration Market by End-User
10.2.6.5Russia Cloud Migration Market
10.2.6.5.1Russia Cloud Migration Market by Service
10.2.6.5.2Russia Cloud Migration Market by Application
10.2.6.5.3Russia Cloud Migration Market by End-User
10.2.6.6Rest of Europe Cloud Migration Market
10.2.6.6.1Rest of Europe Cloud Migration Market by Service
10.2.6.6.2Rest of Europe Cloud Migration Market by Application
10.2.6.6.3Rest of Europe Cloud Migration Market by End-User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Cloud Migration Market Overview
10.3.2Asia-Pacific Cloud Migration Market Forecasts and Analysis
10.3.3Asia-Pacific Cloud Migration Market Forecasts and Analysis - By Service
10.3.4Asia-Pacific Cloud Migration Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Cloud Migration Market Forecasts and Analysis - By End-User
10.3.6Asia-Pacific Cloud Migration Market Forecasts and Analysis - By Countries
10.3.6.1Australia Cloud Migration Market
10.3.6.1.1Australia Cloud Migration Market by Service
10.3.6.1.2Australia Cloud Migration Market by Application
10.3.6.1.3Australia Cloud Migration Market by End-User
10.3.6.2China Cloud Migration Market
10.3.6.2.1China Cloud Migration Market by Service
10.3.6.2.2China Cloud Migration Market by Application
10.3.6.2.3China Cloud Migration Market by End-User
10.3.6.3India Cloud Migration Market
10.3.6.3.1India Cloud Migration Market by Service
10.3.6.3.2India Cloud Migration Market by Application
10.3.6.3.3India Cloud Migration Market by End-User
10.3.6.4Japan Cloud Migration Market
10.3.6.4.1Japan Cloud Migration Market by Service
10.3.6.4.2Japan Cloud Migration Market by Application
10.3.6.4.3Japan Cloud Migration Market by End-User
10.3.6.5South Korea Cloud Migration Market
10.3.6.5.1South Korea Cloud Migration Market by Service
10.3.6.5.2South Korea Cloud Migration Market by Application
10.3.6.5.3South Korea Cloud Migration Market by End-User
10.3.6.6Rest of Asia-Pacific Cloud Migration Market
10.3.6.6.1Rest of Asia-Pacific Cloud Migration Market by Service
10.3.6.6.2Rest of Asia-Pacific Cloud Migration Market by Application
10.3.6.6.3Rest of Asia-Pacific Cloud Migration Market by End-User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Cloud Migration Market Overview
10.4.2Middle East and Africa Cloud Migration Market Forecasts and Analysis
10.4.3Middle East and Africa Cloud Migration Market Forecasts and Analysis - By Service
10.4.4Middle East and Africa Cloud Migration Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Cloud Migration Market Forecasts and Analysis - By End-User
10.4.6Middle East and Africa Cloud Migration Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Cloud Migration Market
10.4.6.1.1South Africa Cloud Migration Market by Service
10.4.6.1.2South Africa Cloud Migration Market by Application
10.4.6.1.3South Africa Cloud Migration Market by End-User
10.4.6.2Saudi Arabia Cloud Migration Market
10.4.6.2.1Saudi Arabia Cloud Migration Market by Service
10.4.6.2.2Saudi Arabia Cloud Migration Market by Application
10.4.6.2.3Saudi Arabia Cloud Migration Market by End-User
10.4.6.3U.A.E Cloud Migration Market
10.4.6.3.1U.A.E Cloud Migration Market by Service
10.4.6.3.2U.A.E Cloud Migration Market by Application
10.4.6.3.3U.A.E Cloud Migration Market by End-User
10.4.6.4Rest of Middle East and Africa Cloud Migration Market
10.4.6.4.1Rest of Middle East and Africa Cloud Migration Market by Service
10.4.6.4.2Rest of Middle East and Africa Cloud Migration Market by Application
10.4.6.4.3Rest of Middle East and Africa Cloud Migration Market by End-User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Cloud Migration Market Overview
10.5.2South and Central America Cloud Migration Market Forecasts and Analysis
10.5.3South and Central America Cloud Migration Market Forecasts and Analysis - By Service
10.5.4South and Central America Cloud Migration Market Forecasts and Analysis - By Application
10.5.5South and Central America Cloud Migration Market Forecasts and Analysis - By End-User
10.5.6South and Central America Cloud Migration Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Cloud Migration Market
10.5.6.1.1Brazil Cloud Migration Market by Service
10.5.6.1.2Brazil Cloud Migration Market by Application
10.5.6.1.3Brazil Cloud Migration Market by End-User
10.5.6.2Argentina Cloud Migration Market
10.5.6.2.1Argentina Cloud Migration Market by Service
10.5.6.2.2Argentina Cloud Migration Market by Application
10.5.6.2.3Argentina Cloud Migration Market by End-User
10.5.6.3Rest of South and Central America Cloud Migration Market
10.5.6.3.1Rest of South and Central America Cloud Migration Market by Service
10.5.6.3.2Rest of South and Central America Cloud Migration Market by Application
10.5.6.3.3Rest of South and Central America Cloud Migration Market by End-User

11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12.CLOUD MIGRATION MARKET, KEY COMPANY PROFILES
12.1.ACCENTURE PLC
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.AMAZON WEB SERVICES INC.
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.CISCO SYSTEMS INC.
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.DXC TECHNOLOGY
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.GOOGLE INC.
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.IBM CORPORATION
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.MICROSOFT CORPORATION
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.RACKSPACE US, INC.
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.SAS INSTITUTE INC.
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments

13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
The List of Companies

1. Accenture PLC
2. Amazon Web Services Inc.
3. Cisco Systems Inc.
4. Cognizant Technology Solutions Corporation
5. DXC Technology
6. Google Inc.
7. IBM Corporation
8. Microsoft Corporation
9. Rackspace US, INC.
10. SAS Institute Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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